NewsReports

• More worries as civil servants earning N100, 000 can’t own homes• Experts urge govt to adopt social housing, review NHF scheme As inflation shaves off savings of many low and middle-income class Nigerians amid rising construction costs, homeownership plans are being deferred as untamed food prices continue to bite deeply into household incomes. With currency devaluation and stubborn inflation …

The Armed Forces of Nigeria (AFN) on Monday began a three day national mourning for the 17 soldiers killed by irate youths at Okuama, Ughelli South Local Government Area (LGA) of Delta State. Among the 17 killed are the Commanding Officer of 181 Amphibious Battalion Oleh (Lieutenant Colonel Abdullahi Hassan Ali), the Joint Task Force (JTF) Commander in Bomadi (Major …

The Joint Action Committee of SSANU and NASU had directed its members to embark on a seven-day warning strike over the non-payment of four months of withheld salaries. The federal government has appealed to the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) to call off their seven-day warning strike.The …

WASHINGTON — Israeli Prime Minister Benjamin Netanyahu on Monday agreed to send a team of Israeli officials to Washington to discuss with Biden administration officials a prospective Rafah operation as each side is looking to make “clear to the other its perspective,” White House national security adviser Jake Sullivan said. The agreement to hold talks about Rafah came as Biden and Netanyahu spoke Monday, …

The Nigerian military says it is not responsible for the reprisal attack on Okuama community in Delta State. It also suggested that the retaliatory attack on the community could have been carried out by the rival Okoloba community. PREMIUM TIMES reported that suspected residents of Okuama community on Thursday ambushed and murdered the Commanding Officer of 181 Army Amphibious Battalion, two majors, …

•Abuja should not dictate to states —Sanwo-Olu •Amaechi, Fayemi, Amosun speak on Nigeria’s future •NASS should give a new constitution in six months —SAN Elder statesman and former top commonwealth diplomat, Chief Emeka Anyaoku, on Monday tabled two restructuring paths before Nigerians. He said it is either a retrace to the 2014 confab report or a cheap delegate option, not …

Twelve more Central Bank of Nigeria (CBN) directors may have been scheduled for dismissal, it was learnt yesterday. Reports on the planned sack of the senior personnel followed the termination of the appointments of seven directors by the apex bank last Friday. Two of the affected directors were said to have accepted their fate. The five others are reportedly planning to take …

CNN — Former President Donald Trump can’t find an insurance company to underwrite his bond to cover the massive judgment against him in the New York attorney general’s civil fraud case, his lawyers told a New York appeals court. Trump’s attorneys said he has approached 30 underwriters to back the bond, which is due by the end of this month. “The amount …

Nigeria’s electricity Distribution Companies (DisCos) may have spent an average of N670,000 to purchase each prepaid meter and other accessories through a N273.3 billion facility obtained from the Central Bank of Nigeria (CBN). If the report of CBN covering a detailed assessment of a N10.3 trillion developmental finance budget between 2015 to 2022 is anything to take seriously, DisCos spent …

ASABA — Residents of Okuama community in Ughelli South Local Government Area, Delta State who fled into the bush where they have been hiding since March 14, yesterday, narrated how soldiers surprisingly opened fire on them and allegedly killed about 50 persons. This came as soldiers backed by seven gunboats, on Sunday, invaded the riverside town of Igbomotoru in Southern …